US stocks rise as Wall Street eyes French vote

US stocks rise as Wall Street eyes French vote: HumSub.TV

US stocks rise as Wall Street eyes French vote: HumSub.TV: US stocks rose early Thursday with strong earnings from American Express offsetting a disappointing report from Verizon as the market looked ahead to Sunday s vote in the French presidential election.

A note from Wells Fargo said the gain in French stocks as the result of better polling data for centrist candidate Emmanuel Macron was supporting Wall Street equities.

Still, the closeness of the polls has created the potential for a runoff between far right leader Marine Le Pen and hard-left firebrand Jean-Luc Melenchon.

That would be “pretty much the worst-case scenario since both candidates have an anti-euro disposition that would raise a lot of concerns about the fate of the European Union,” Briefing.com analyst Patrick O Hare said.

About 20 minutes into trading, the Dow Jones Industrial Average stood at 20,437.61, up 0.2 percent.

The broad-based S&P 500 also gained 0.2 percent to 2,342.64, while the tech-rich Nasdaq Composite Index advanced 0.4 percent to 5,885.95.

Dow member American Express jumped 3.2 percent after reporting that first-quarter earnings were $1.34 per share, six cents above analyst expectations.

But Verizon Communications lost 2.0 percent after reporting that first quarter earnings dropped 19.8 percent to $3.6 billion as it lost 307,000 wireless subscribers during the period.

US stocks rise as Wall Street eyes French vote: HumSub.TV

About HumSub TV
Introduction
HumSub TV is Pakistan’s leading forwarding-thinking, edutainment channel, aimed at promoting and upholding peace, interfaith harmony and social responsibility within Pakistan through informative and insightful programmes and documentaries; analytical interviews on issues pertaining to social, economic, legal and environmental set-up; dedicated shows to canvass and thereby promote the culture and heritage of Pakistan and in-depth coverage of national and international news.

HumSub TV is the first channel and thus a pioneer within its own right that mainly focuses on emphasising the “Rights” as well as the “Obligations” of the citizens in light of the Constitution of Pakistan, numerous International declarations signed by the Government and various laws that have been promulgated over the years but are not in the knowledge of the common citizen.
HumSub TV also aims to enter into bilateral agreements with other countries to promote not only their culture, heritage and tourism, but also their educational and medical facilities.
Following the successful launch of HumSub TV’s head office in Blue Area, Islamabad; the bureau office has been set up in Lahore.

Vision
To project positive image building of Pakistan and inculcate nationalism, as per the vision of the founder of the nation, Quaid-e-Azam Mohammad Ali Jinnah.

Mission
HumSub TV is resolute about the promotion of a pluralistic, inclusive and egalitarian society in Pakistan where all citizens are allowed to contribute to promote interfaith harmony, peace and collective wisdom in the social, political and economic development of Pakistan and to encourage critical and lateral thinking in the society. HumSub TV strives to make a positive contribution to this end.

HumSub TV’s Theme
HumSub TV, Pakistan’s first EDUTAINMENT Channel, has been set up for not only those audience residing in Pakistan or overseas but the international community on the whole. The vision of the channel is to project positive image building of Pakistan and inculcate nationalism as per the vision of the founder of the nation.

HumSub TV strives to make a positive contribution to this end by promoting pluralism, inclusiveness and egality in Pakistan and give voice to the suppressed. It endeavors to act as a positive catalyst for social change and Pakistani nationalism. It envisions providing a platform for airing critical and lateral thinking and collective wisdom by inviting positive minded intellectuals and opinion forming individuals for the promotion of interfaith harmony and peace in the social, political and economic development of Pakistan.

Whereas the channel airs upbeat edutainment programmes, it, nonetheless, has the primary objective of countering negative anti-Pakistan regional and international propaganda as well as advancing fundamental rights as encapsulated in the Constitution of Pakistan.

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